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Some No-Load Stocks
Are Worth Looking Into

By

Jonathan Clements Staff Reporter of The Wall Street Journal

Updated Jan. 9, 1996 11:59 p.m. ET

Just because it's cheap doesn't mean it's worth buying.

A burgeoning number of companies sell their stock directly to the public, allowing small investors on tight budgets to buy their first shares without ever calling a broker. Sound appealing? Don't crack open your wallet quite yet.

According to Charles Carlson, who keeps tabs on these so-called no-load stocks, there are 84 companies that will sell investors their first...